Hershey 2Q net income falls 35 pct on charges (AP)

AP - THE QUARTER: Hershey's second-quarter net income fell 35 percent because of charges for restructuring and to write down the value of a joint venture in India. But revenue rose 5 percent to $1.23 billion backed by steeper advertising.

NEW YORK (Reuters) - Aon Corp , the largest global insurance brokerage by assets, said on Friday that net income fell sharply in the fourth quarter, hurt by higher restructuring charges, the cost of a recent acquisition, and a loss on a business sold last year.

Nike says its fourth-quarter net income fell 8 percent as restructuring charges and higher raw material costs offset price increases that helped boost its revenue.

Merck & Co.'s second-quarter net income fell 11.4 percent as slightly higher sales were offset by acquisition and restructuring costs. However, the drugmaker beat Wall Street expectations, and Merck shares jumped in early trading....

Zacks.com submits: BJ’s Wholesale Club Inc. (BJ) recently reported fourth-quarter 2009 results. The quarterly earnings of 95 cents a share, missed the Zacks Consensus Estimate by a penny, but climbed 6.7% from 89 cents delivered in the prior-year quarter.

Zacks.com submits: The Hershey Company (HSY) has posted fourth-quarter and full fiscal 2010 financial results. The adjusted quarterly earnings of 61 cents a share remained in line with the Zacks Consensus Estimate, but was down 3.2% from 63 cents earned in the prior-year quarter.